Filing Flows › Latch (LTCH) › Q2 2026
Latch (LTCH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Latch (LTCH) reported revenue of $15.6M for the second quarter 2026 (Q2 2026), -18% from a year earlier and -0.6% from the quarter before. Operating margin was -46.2%, net loss $6.9M (44.2% of revenue).
Latch, Q2 2026: revenue $15.6M (-18% year over year), operating margin -46.2%, net loss $6.9M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.6M | -0.6% | -18% |
| Operating profit | −$7.2M | — | — |
| Net earnings | −$6.9M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $15.6M in Q2 2026, down 18% year over year and down 1% from the previous quarter. Software was the largest line at 39% of revenue. Hardware lost $2.5M year over year (down 42%), 72% of the total change.
Operating costs exceeded revenue by $7.2M, an operating margin of -46.2%. Total costs fell 14% while revenue fell 18%. The quarter ended with a net loss of $6.9M, wider than the previous quarter's $5.9M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $1.0M of depreciation and amortization and $517K of share-based compensation. Working capital and other items added $2.1M.
Questions
What was Latch's revenue in the second quarter 2026?
Latch (LTCH) reported revenue of $15.6M for the second quarter 2026 (Q2 2026), -18% from a year earlier and -0.6% from the quarter before.
Was Latch profitable in the second quarter 2026?
Operating loss was $7.2M (-46.2% of revenue) and net loss $6.9M.
Source: Latch 10-Q on SEC EDGAR.